| TSM latest price $99.2900 (1.47%) ($97.8900 - $99.6400) on Thu. Dec. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 52 |
Latest Price | $99.2900(1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TSM advances 0.4% a day on average for past five trading days. |
Weekly Trend | TSM declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TSM advance at 0% a week (0% probability) QQQ(94%) EWI(85%) EWY(84%) EEM(81%) XLY(80%) |
Factors Impacting TSM price | TSM will decline at least -0.82% in a week (0% probabilities). VXX(-62%) VIXM(-62%) UUP(-27%) BNDX(-11%) SHY(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.82% (StdDev 1.64%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.3% |
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